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The office, located in Al Murooj Building on Shaikh Zayed Road, is the first brokerage company in the country to offer remote trading services exclusively to women. IFS will offer Sharia'h-compliant brokerage services such as buying and selling of local securities through a fully automated system that is linked to DFM and ADSM.
Ali Abdeen, CEO of IFS, said:
"The inauguration of the new office comes in line with IFS's vision to offer advanced services to all sections of society. Women form a significant segment of investors in UAE's financial markets and the opening of this specialized branch signals a new era for IFS."
"The company is planning expansion in other emirates in UAE including Abu Dhabi and Al Ain. Besides, IFS will also open several branches in different markets in GCC," he continued.
"IFS has a dedicated and experienced women's team that is well versed with capital markets. The office uses state-of-the-art technology to extend and strengthen its reach to women investors," he added.
Mr. Abdeen concluded" The new office equips women investors with the necessary tools to select, allocate and manage their investment wisely. IFS's mission is to provide its customers with the most efficient brokerage service in the country. The office infrastructure comprises a trading room and an advanced call center that operates from 8am to 4pm."
Posted by Anne-Birte Stensgaard, Senior News Editor
